CeCors (CeCors) ROCE % : 0.00% (As of Sep. 2008)

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What is CeCors ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. CeCors's annualized ROCE % for the quarter that ended in Sep. 2008 was 0.00%.

CeCors ROCE % Historical Data

The historical data trend for CeCors's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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CeCors ROCE % Chart

CeCors Annual Data

Trend

Dec05

Dec06

Dec07

ROCE %

-368.89

-237.74

CeCors Quarterly Data
	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
ROCE %	Get a 7-Day Free Trial							-456.09	-289.41	-227.68	-414.33	-

CeCors ROCE % Calculation

CeCors's annualized ROCE % for the fiscal year that ended in Dec. 2007 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2007 )		(A: Dec. 2006 )		(A: Dec. 2007 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2007 )		(A: Dec. 2006 )		(A: Dec. 2007 )
	=	-9.549	/	( ( (7.859 - 1.75)	+	(2.258 - 0.334) )	/ 2 )
	=	-9.549	/	( (6.109	+	1.924)	/ 2 )
	=	-9.549	/	4.0165
	=	-237.74 %

CeCors's ROCE % of for the quarter that ended in Sep. 2008 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2008 )		(Q: Jun. 2008 )		(Q: Sep. 2008 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2008 )		(Q: Jun. 2008 )		(Q: Sep. 2008 )
	=	-8.972	/	( ( (0.938 - 1.171)	+	(0.197 - 0.343) )	/ 2 )
	=	-8.972	/	( ( -0.233	+	-0.146 )	/ 2 )
	=	-8.972	/	-0.1895
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2008) EBIT data.

CeCors (OTCPK:CEOS) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

CeCors ROCE % Related Terms

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CeCors (CeCors) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » CeCors Inc (OTCPK:CEOS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

190 Norseman Street, Suite 100, Etobicoke, ON, CAN, M8Z 2R4

Website

https://www.psykeyworld.com

CeCors Inc is engaged in the acquisition and development of healthcare companies for healthcare supplies and healthcare equipment. The company is engaged in the development of new healthcare technologies and will continue to develop additional markets through healthcare IT and other related entities.